BGRIMMTEC(SH:600980) Zheng Quan Zhi Xing·2025-03-31 11:34Group 1 - The company announced the results of performance commitments and impairment tests related to the acquisition of 100% equity of Zhuzhou Torch Industrial Furnace Co., Ltd. [2][7] - The total transaction price for the acquisition was 185.69 million yuan, with 170.86 million yuan paid in shares and 14.83 million yuan in cash [2][3] - The company raised up to 68 million yuan through the issuance of additional shares [2] Group 2 - The performance commitment period covers the years 2022, 2023, and 2024, with specific net profit targets set for each year [4] - The performance compensation obligations are based on the proportion of consideration received in the transaction, with a total compensation amount not exceeding the total transaction price [5] - If the actual net profit falls below the committed amount, the performance compensation will be made in shares and cash [5] Group 3 - The actual net profit for Zhuzhou Torch in 2024 was 22.15 million yuan, exceeding the commitment by 6.66 million yuan, achieving 143% of the target [6] - Cumulatively, from 2022 to 2024, the company achieved a total net profit of 58.18 million yuan, surpassing the commitment by 15.97 million yuan, or 137.83% of the target [6] Group 4 - An impairment test conducted by a qualified asset evaluation company determined that the market value of Zhuzhou Torch's equity as of December 31, 2024, was 349.61 million yuan, indicating no impairment [7][8] - The evaluation report confirmed that the value of the acquired equity was higher than the original transaction price, thus no performance or impairment compensation is required [7][8]